Nabors Industries (NBR -2%) shares reverse course, turning south as quarterly results settle in....

|About: Nabors Industries Ltd. (NBR)|By:, SA News Editor

Nabors Industries (NBR -2%) shares reverse course, turning south as quarterly results settle in. CEO Tony Petrello says NBR is planning close to $1B of disposals in the next year to meet debt reduction targets, despite struggles to offload certain assets. Apart from Eagle Ford property that should be sold by the year end, sales of E&P assets are effectively on hold.